Kildeer, IL Cost of Living

Kildeer cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

Here we can see a simple outline of the cost of living in Kildeer, IL. As you can see, with the average cost of living in Kildeer, IL being 159, that puts it 62% higher than the average of Illinois and 59% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Kildeer, IL, the price of goods and services are 12% higher than the average of Illinois as well as 8% higher than the nation's average.

Did you know?

The cost of living in Kildeer is 62% higher than the Illinois average.

The cost of living in Kildeer is 59% higher than the national average.

The cost of housing in Kildeer is 178% higher than the national average.

Illinois general sales tax is 23% higher than the national average.

Illinois state income tax is 69% higher than the national average.

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Compare Kildeer, IL Cost of living To Other Cities

Salary Calculator

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Cost of living index

Goods & Services index

Groceries index

Health care index

Housing index

Transportation index

Utilities index

The salary calculator is meant to help you compare your salary in Kildeer, IL to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Kildeer, IL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Kildeer, IL salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median Income

Per Year

Per Month

Max Budget (28% DTI)

Max Budget (36% DTI)

Owners

$154,583

$12,882

$3,607

$4,638

Renters

$49,554

$4,130

$1,156

$1,487

One can approximate the cost of living and the housing affordability in Kildeer, IL by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Kildeer, IL have a median income of $154,583. Therefore, the amount that a consumer should spend on housing costs should be no more than $3,607 per month to avoid calamity and poverty. The renters in the city have an income of about $49,554, which would make their monthly maximum allowable rental costs $1,156.

Illinois Sales Tax

State

General Sales Tax

With Max Surtax

Illinois

6.25%

9.75%

Illinois Income Tax

State

Income Tax (Low)

Income Tax (High)

Illinois

3.75%

3.75%

When you are determining the total cost of living in Kildeer, IL you will want to make sure you consider both the Illinois sales tax and the Illinois income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Illinois is 6.25%, with the highest surtax being 9.75%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Illinois have a range from 3.75% to 3.75%.

Goods & Services

Item

Kildeer

National avg.

Difference

Haircut

$17.44

$15.56

12.1%

Beauty Salon

$55.00

$36.11

52.3%

Toothpaste

$2.68

$2.47

8.3%

Shampoo

$1.00

$0.96

3.6%

Movie

$13.20

$10.13

30.3%

Bowling

$8.00

$4.74

68.9%

Groceries

Item

Kildeer

National avg.

Difference

Ground Beef

$4.57

$3.98

14.6%

Fried Chicken

$1.67

$1.41

18.4%

Milk

$1.94

$2.06

5.8%

Potatoes

$3.51

$2.98

17.6%

Pizza

$9.99

$9.47

5.5%

Beer

$8.73

$8.79

0.7%

Health Care

Item

Kildeer

National avg.

Difference

Optometrist

$95.00

$101.04

6.0%

Doctor

$99.17

$107.44

7.7%

Dentist

$101.11

$90.42

11.8%

Ibuprofen

$9.80

$9.28

5.6%

Lipitor

$421.75

$426.50

1.1%

Housing

Item

Kildeer

National avg.

Difference

Home Price

$618,700.00

$175,700.00

252.1%

Avg. Mortgage Payment

$1,611.36

$1,133.23

42.2%

Apartment Rent

$961.00

$920.00

4.5%

Transportation

Item

Kildeer

National avg.

Difference

Gasoline

$2.57

$1.99

28.9%

Tire Balancing

$54.44

$45.76

19.0%

Utilities

Item

Kildeer

National avg.

Difference

All Electricity

$150.85

$163.81

7.9%

Phone

$28.44

$28.39

0.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.